Construction Education Foundation of Minnesota
Nonprofit profile at a glance
- EIN
- 411836567
- IRS 990 coverage
- 2012–2024
- Forms available
- Form 990 2024, Form 990-EZ 2011
- Location
- Eden Prairie, MN, USA
- Phone
- 9529418693
- Rating
- 82
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Elementary, Secondary Education, K - 12
Reported finances
- Revenue
- $581,548
- Expenses
- $408,561
- Assets
- $1,060,148
- Liabilities
- $304,305
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
People named in this filing
- BRAD BERLIN (TREASURER)
- KARL VON KNOBELSDORFF (SECRETARY)
- NATE BASINGER (CHAIR)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To provide educational programs designed to expand knowledge in construction and construction safety areas.
What it reported doing in 2024
Offers educational programs to expand knowledge in construction areas.1. Craft training: provide access to and support for abc members to utilize the nccer curriculum to train their non-registered apprentice craftspeople.2. Registered apprenticeship (mn): as described in the agreement and declaration of trust creating the construction education foundation of Minnesota (the "trust agreement"), the trustees of the cef "fund a bona fide apprenticeship training program and craft training program sponsored by Minnesota chapter of associated builders and contractors, inc., by establishing a system of voluntary contributions by contributing employers to this trust fund which contributions will be used to pay the operating expenses of apprenticeship training and other craft training programs relative to the construction industry in Minnesota." this includes providing access to and support for abc members to utilize the nccer curriculum to train their registered apprentice craftspeople, register apprentices with mn dli under cef standards of apprenticeship, track ojt and rti progress, track safety training, track adherence to wage schedules, prepare annual compliance review for mn dli.3. Registered apprenticeship (nd): register apprentices with theunited states department of labor ("dol") under abc standards ofapprenticeship, provide rti through local tech school, track ojt andrti progress, track adherence to wage schedules, prepare compliancereview for dol.4. Community outreach: participate in outreach events both inpartnership with project build mn and representing cef. Makepresentations at career fairs, cbo training programs, constructionteacher conference, and with industry partners.
Operating model
- Revenue model
- Earned-program. 97% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some related-organization disclosures are missing and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 69
- Transparency & Controls: 90
- Accountability: 94
- Sustainability: 73
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 73.5%; rating input score 74
- Program expense ratio: 85.3%; rating input score 85
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Scored; rating input score 0
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 6 of 7 controls in place; rating input score 86
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 29.7%; rating input score 84; 84th percentile among comparable filings
- Total-asset coverage ratio: 2.59; rating input score 72; 72nd percentile among comparable filings
- Liabilities to assets ratio: 0.29; rating input score 25; 25th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings
Growth
- Program expense growth: 6.2% per year; rating input score 100; 48th percentile among comparable filings
- Revenue growth: 8.2% per year; rating input score 100; 60th percentile among comparable filings
- Asset growth: 14.5% per year; rating input score 100; 71st percentile among comparable filings
Details
- Where the money goes: 73.5% of revenue deployed · 85.3% of spending went to programs
- Governance: 4 of 4 board members independent · 6 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $349K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 23 of 23 current checks pass
- Schedules: 4 filed schedules · includes related organizations
- Filing history: 12 filing years from 2012 to 2024
- Contacts: How to reach this organization
- Related organizations: 1 filed related-organization link
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Transparency & Controls: Related-party transparency scored 0/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- High — Sustainability: Liabilities to assets ratio scored 25/100.